Watch These 5 Huge Put Purchases In Tuesday Trade

Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Monday’s regular session.

• Gogo Inc GOGO Aug17 8.0 Puts Sweep: 501 @ ASK $1.55: 3011 traded vs 96 OI: Earnings 2/23 Before Open (est) $8.87 Ref
• GNC Holdings Inc GNC Jan18 5.0 Puts Sweep: 974 @ ASK $1.00: 8483 traded vs 2595 OI: Earnings 2/16 Before Open $8.60 Ref
• Yandex NV YNDX Mar 3rd 22.0 Puts Sweep: 770 @ ASK $0.553: 810 traded vs 20 OI: Earnings 2/16 Before Open $22.97 Ref
• Advanced Micro Devices, Inc. AMD Apr $12 Put; 2000 @Bid @$0.81
• Insmed Incorporated INSM Oct17 15.0 Puts Sweep: 700 @ ASK $5.90: 700 traded vs 100 OI: Earnings 2/23 Before Open (est) $15.63 Ref